Description
Have you been looking for an INCREDIBLE Short-term Vacation Rental (STVR) investment opportunity in Downtown Savannah?! The wait is over- we have the BEST deal to hit the market in years! Huge duplex with super COVETED Non-Owner occupied STVR certificates in the Victorian District. It is currently under utilized as a 6 bedrooms/2 bathroom long-term rental to friends of the owner (so buyer is not paying the premium they would be with a few small tweaks). Projected income for a 3 bed/1 bath unit here would be $76,200 PER unit or $150k + per year for both. Want to make it a single family OR a quadplex? Easily doable! Historical tax credits for renovating? Totally! Currently features two 3 bed/1 bath unit. Low maintenance lot and porches galore! Conveniently located near dining, shopping, entertainment and SCAD. Take advantage of the thriving tourism industry in Savannah and turn this home into a lucrative income-generating asset.
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6BEDS
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0.06ACRES
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2BATHS
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01/2 BATHS
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2,868SQFT
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$270$/SQFT
School Ratings & Info
Description
Have you been looking for an INCREDIBLE Short-term Vacation Rental (STVR) investment opportunity in Downtown Savannah?! The wait is over- we have the BEST deal to hit the market in years! Huge duplex with super COVETED Non-Owner occupied STVR certificates in the Victorian District. It is currently under utilized as a 6 bedrooms/2 bathroom long-term rental to friends of the owner (so buyer is not paying the premium they would be with a few small tweaks). Projected income for a 3 bed/1 bath unit here would be $76,200 PER unit or $150k + per year for both. Want to make it a single family OR a quadplex? Easily doable! Historical tax credits for renovating? Totally! Currently features two 3 bed/1 bath unit. Low maintenance lot and porches galore! Conveniently located near dining, shopping, entertainment and SCAD. Take advantage of the thriving tourism industry in Savannah and turn this home into a lucrative income-generating asset.
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